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Middle power conundrum amid US–China rivalry (Shin-wha Lee, East Asia Forum)

The international community has faced an unprecedented social and economic shock due to three ‘big bangs’ — increasing US–China strategic competition, the fourth industrial revolution and the COVID-19 crisis. These three big bangs are interrelated and pose important challenges and consequences for world trade, regional stability and the future of the liberal international order. Middle […]

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2021: The year of failed political leadership (Nanjala Nyabola, Al Jazeera)

2021 was the year of political leadership, or more importantly, lack of it, and an invitation to reflect on the social consequences of leadership failures. I think for many of us, it was the year that felt like when time slows down while you are witnessing an accident happen – two seconds that feel like […]

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Clouds Over 2022 (Nouriel Roubini, Project-Syndicate)

Although major economies and markets fared well in 2021 despite all of the uncertainties surrounding new variants of the coronavirus, 2022 will bring new challenges. In addition to central banks shifting toward policy normalization, geopolitical and systemic risks are multiplying. Clouds Over 2022 by Nouriel Roubini – Project Syndicate (project-syndicate.org)

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Undemocratic Uncontrollable World (Timofei Bordachev, Valdai Discussion Club)

In the outgoing year, international politics finally got rid of all remnants of controllability, understood as the ability of states to solve the most fundamental problems within the framework of formal or informal institutions, as well as of democracy — the possibility of fair treatment of the interests of countries regardless of their power capabilities. In principle, the global changes in the balance of power, provoked by the growth of China and the West’s reaction to this, […]

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Social and development impact bonds by the numbers. December 2021 snapshot (Emily Gustafsson-Wright, Izzy Boggild-Jones, Onyeka Nwabunnia, and Sarah Osborne, Brookings)

Since 2014, Brookings has developed and maintained a comprehensive database on the global impact bonds market. The below data represents a snapshot from that database updated each month. Social and development impact bonds by the numbers (brookings.edu)

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UN launches record humanitarian appeal for 2022 as needs soar (Al Jazeera)

The UN has warned that the need for humanitarian aid is skyrocketing worldwide and will reach an all-time high next year, as the pandemic, climate change and conflict push more people to the brink of famine. The United Nations’ humanitarian agency OCHA on Thursday appealed for a record $41bn to help 183 million people who […]

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Omicron and What Comes Next (Simon Johnson, Project-Syndicate)

There is an adage that you cannot have back-to-back financial crises. The implication is that a financial crisis causes people to be more careful – so any bank, investment firm, or investor who survives one crisis will not be taking big risks anytime soon. But two years after the onset of the COVID-19 pandemic forced […]

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World Review: AUKUS, Blinken’s Grilling, and Germany’s Elections (Steve Erlanger, Nirmal Ghosh, Halley Toosi, Ivo Daalder, The Chicago Council on Global Affairs)

This week, Secretary of State Blinken was in the Congressional hot seat defending the US exit from Afghanistan. Ivo Daalder, Steve Erlanger, Nahal Toosi, and Nirmal Ghosh examine what we learned and why it matters for the future. Plus, how the new AUKUS defense pact will affect foreign policy relationships, an update on Germany’s federal elections, and more. World Review: AUKUS, […]

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Rules the waves, rule the world (Bruce Jones and Fred Dews, Brookings)

Oceans are at the center of global competition, climate, and trade. In his new book, “To Rule the Waves: How Control of the World’s Oceans Shapes the Fate of the Superpowers” (Scribner), Brookings Senior Fellow Bruce Jones takes readers on a fascinating voyage through this water world via the great ports, ships, geographies, and history of our […]

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World. Time of Troubles or New Confrontation (Andrey Bystritskiy, KIEP)

We have moved into the zone of a new confrontation, and so far, we cannot even clearly define its boundaries. It seems that the new confrontation is primarily associated with an understanding of the future and the role of people in its creation, writes Valdai Club Chairman Andrey Bystritskiy. The article is published as part […]

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(World/2021) The brave new world of 2021 (Homi Kharas, Brookings)

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(USA/World) Biden’s top cabinet nominees promise break from Trump world view (William Roberts, Al Jazeera)

Secretary of State nominee Antony Blinken says US to end support for Saudi-led forces in Yemen, renew Iran nuclear deal. https://www.aljazeera.com/news/2021/1/19/biden-top-cabinet-nominees-promise-break-from-trump-worldview